Thoughts on Money

Neither he nor the others feel that the hunched shoulders and housing insecurity of their youth were good for their art. The “La Bohème” portrait of impoverished painters and poets was after all a description, not a prescription. “And at least they could afford the garret,” Jacobs-Jenkins says. “In New York, forget it.”

That was our first lesson. To earn money, we did some house chores that we called “job-jobs”.

You could only do the paying “job-jobs” after your regular household chores.

She continued to build on this by talking to us about our futures and encouraging us to save to meet different goals instead of spending it all.

This is the kind of work we do as financial advisors. We help clients lean into the tension between money and meaning. It’s not about quick answers! It’s about living with the questions long enough to align their money with what truly matters.

Risk isn’t a measure of negative consequences. It’s a measure of uncertainty. And the issue with minimizing risk is that while we protect our downside, we prevent ourselves from achieving any sort of meaningful upside. In this way, risk minimization isn’t an insurance policy as much as it is a collar, and the cost of protecting our downside is the... See more

The world is split between those who don't know how to start making money and those who don't know when to stop.

I have great control of my money when I am earning it. I have zero control of my money when I am not.

A lot of financial mistakes come from trying to copy people who are different from you.